Hello everyone. I'm trying to confirm my understanding of a less straight forward capital gains scenario than the one-time purchase and sale most deals involve.Essentially 100% interest in a condo was acquired over ti...

Hi all, can someone give me some guidance on splitting the lot. I have attached a conceptual diagram for reference.I am adding a new detached structure to a lot with existing structure in the front. (Still in the perm...

I contemplated on posting this article but decided to do it, since it's valuable information. These are some things a lot of us don't want to think about but should consider because you never know...Here's the article...

I'm looking at a bunch of multi-families in different cities, and a lot of them are 4 or 5% cap rate in B areas that sell really fast. My point is, I understand that you get lower cap rate areas at A or B areas, but w...

Mortgage Update: Outlook is not good.
The economy continues to shudder to a halt. As I write, lower manhattan looks like a ghost town. My local coffee shop typically turns about $1,000/day. Yesterday, Carlos had take...

I went to put in an offer on a package deal with a real estate agent.  At first I just wanted to do a LOI, but they said they don't do that.  So we proceeded to talk about the purchase offer.  Of course, I am nervous ...

Investment Info:

Single-family residence buy & hold investment in Topeka.

Purchase price: $69,000

Cash invested: $5,750

First Purchase!
Asking Price: $72,500
Purchase Price: $69,500
Appraisal: $...

I am planning to use private money (close friends and family) to help fund the rehab portion and some of the purchase of a BRRRR. To transfer funds, is it as easy as signing an agreement with them, then they wire fund...

When I'm buying property at steep discounts, I've had people ask me "isn't that predatory, buying someone's house for 'less' than it's worth?"It's something worthy of consideration. I've meditated on it myself because...

I have some young tenants in a main floor of a house. They are respectful and nice, but did not think to inform me that the toilet was running all the time, though they noticed it was “always making noises.” I just re...